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Danvers 01923
7 Saratoga Lane
$729,900
● House - Off Market

7 Saratoga Lane

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,090 Ft²
$1,385,577
RealtyHop Estimate
89.83%
Since Dec 1, 2013
MA-Boston
Primary Model

About This Property

To be built, late fall completion.. town water, sewer, gas heat & nice level lot on quiet cul-de-sac. Exquisite detail & finish by master builder. 27ft center island granite kitchen with pantry. Master suite with extra large glass walk-in shower and double walk-in closets. Dual heating & cooling systems, walk-out lower level and full walk-up attic, Ideal commuter location just minutes to Rte 128, Rte 95 & Rte1
Unit Size
3,090 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$236
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2013

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #71551081)

Price History

Date / Event Date Event Price
Nov 1, 2013 Sold
Premium
Sold
Jul 4, 2013 Listed by Century 21 North Shore $729,900
Listed by Century 21 North Shore

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,582
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,566
  • Total Building Area: 3,661
  • Gross Building Area: 6,548
  • Building Area: 3,661
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,661
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000702
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Danvers School District
  • School Tax School District: DANVERS SD
  • Census Tract: 211401

Zoning

  • Zoning: R3

Geography

  • Parcel: DANV M:024 L:009C P:
  • Lot: 9C
  • Municipality: DANVERS
  • Latitude: 42.5788
  • Longitude: -70.977

    Address

  • Full Address: 7 Saratoga Ln
  • Address - House Number: 7
  • Address - Street Name: Saratoga
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Danvers
  • Carrier Code: C013
  • 4-Digit Zip Code: 6004
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,247,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 86
  • Final Value: 1,245,031
  • High Value: 1,401,191
  • Low Value: 1,088,871

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,123,000
  • Assessed Land Value: $465,200
  • Assessed Improvements Value: $657,800

    Sales

  • Current Sale Recording Date: Nov 01, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 342
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Danvers

Stats & Trends

Median Asking:

$699,450

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2228 ft²

Average Home Age

83.3 years

Currently For Sale

33 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71551081

Frequently Asked Questions

When was property at 7 Saratoga Lane built and last sold?
The property at 7 Saratoga Lane was built in 2013 and last sold on Jan 1, 1970 for $729,900.
How much is this home worth?
The estimated value of the home located at 7 Saratoga Lane is $760,033.
What are some comparable homes to 7 Saratoga Lane?
There are currently no comparable homes to 7 Saratoga Lane.
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